“In Oct. 2021, the SEC approved a Bitcoin futures ETF. We thought they would approve conversion of our spot Bitcoin fund, but they didn’t. We sued and won. Unanimous decision. Tomorrow is the SEC’s deadline to file an appeal to that decision.”– Dave LaValle, @Grayscale #STADC2023
SecurityTradersAssn.
8,316 posts
Founded in 1934, STA is a grassroots organization advocating for fair, robust markets and those employed in financial services across the U.S. and Canada.
- "We’ve been working for 9 years to create a Bitcoin ETF. The SEC chose to approve a futures-based ETF, but not a spot-based ETF. We believe alike products must be treated alike. The SEC denied our application and we're suing them over that." - @dave_lavalle, @Grayscale #STADC2022
- #OnThisDay in 1981 - Sandra Day O'Connor becomes the first woman to serve on the Supreme Court.
- “I was excited to see the Biden Administration’s exec order on crypto. It seemed to strike the right balance between promoting innovation and protecting investors. This level of coordination & cohesion between regulators and agencies is very encouraging.” @Grayscale’s @CraigSalm
- #OnThisDay in 1865, @NYSE opened its first permanent headquarters on Broad St in Manhattan. The STA is proud to be an advocate for the financial industry and its rich history.
- In the latest episode of #BoxesAndLinesLIVE, @dlauer and @matt_kohrs sat down with @IEX to discuss the retail trading boom and its impact on markets. Listen here:
- Thanks to all who participated in this morning's 5k run/3k walk around the National Mall! A special thank you to @IEX for sponsoring. #STADC2021
- "Financial education and transparency are key for retail traders. When investors don’t understand how the market works, they feel it doesn’t work for them." - @stacey_cunning, @NYSE President #STADC2021
- Don't miss our #DigitalAssets panel on Friday at #STA2019DC -- featuring Christine Sandler of @Fidelity, @BKBrianKelly of BKCM and Tim McCourt of @CMEGroup, and moderated by @fintechfrank @TheBlock__. Full agenda: sta2019dc.topi.com/#agenda
- “No federal financial regulator has comprehensive authority to regulate the spot market for crypto assets that are not securities,” said a @usgaolegal report suggesting a comprehensive approach to crypto's regulatory gap. More by @thesamreynolds @coindesk:
- In his acceptance speech of the STA Dictum Meum Pactum Award at #STADC2022, Larry Tabb (@ltabb) outlines the 4 most important things he learned along the way:
- Congratulations to @antoniabmassa recipient of the @STAWomen inaugural "Excellence in Journalism" award. Read all about it myemail.constantcontact.com/Excellence-in-… @business @TabbFORUM
- “There's a big problem with sub-dollar stocks. They comprise 15-20% of trading volume. There are now 700 companies that don’t meet the listing requirements of the exchange they’re listed on. These used to get delisted. What happened here?” – Steve Kay, @VirtuFinancial #STADC2023
















